Market Research Reports - Ken Research Wearable Smart Watch Band Demand in US
Wearable electronics with IoT technology attracted positive growth in the US: Ken Research
Wearable electronics are electronics embedded into various accessories and clothing. They are
equipped with miniaturized devices such as microchips and sensors, which possess multiple
features of cell phones and laptops. These electronic devices collect data and track activities in
real time. A few of such devices are Google glasses, smart bands, smart watches, and smart
clothing monitor real-time. Many of the wearable electronics possess hands-free technology.
Smart watches have the capability to call, send and receive messages and notifications.
Various wearable electronic devices are helmet mounted displays, smart bands, smart clothing,
smart glasses and smart watches. The leading players in the wearable electronics market in the
United States are Adidas (Numetrex), Apple, BAE Systems, Carré Technologies, Fitbit, Garmin,
Google, Jawbone, Kopin, LG Electronics, Ohmatex, OMSignal, Recon Instruments, Rockwell
Collins, Samsung Electronics, Seiko Epson, Sony and Vuzix. Wearable electronic devices are
categorised based on product such as Wristwear, Headwear/Eyewear, Footwear, Neckwear,
Bodywear. Wearable electronic devices by type are Smart Textile and Non-Textile. The
wearable electronics based on application are Consumer Electronics, Healthcare, and Enterprise
& Industrial.
According to the study “Wearable Electronics in the US”, smart gadgets and gaming devices
demand for more interactive gaming and entertainment attracting a massive growth. Headwear
and eyewear wearables are the leasing electronic products in the recent times. These products
possess augmented reality (AR) and virtual reality (VR) glasses and displays and grow
significantly faster. Latest products include Sony Corporation (Japan) has launched a PlayStation
with the VR glasses, Volvo Car Corporation (Sweden) uses VR glasses providing a virtual
experience of a car.
The adoption of wearable technology is continuously increasing in the U.S. with the increasing
demand for more innovative wearable electronics. It was estimated the Americas will hold a
large share of the wearable technology market by the year 2022. Wristwear/fitness wear, and
health and wellness monitoring wearables are more in demand in the USA. The country also
makes investments and innovations in various applications such as healthcare, garment and
fashion in the wearable technology market.
The increased use of Internet of Things (IoT) technology in innovative electronic wearables
witnessed attractive and positive growth. Wearable electronics can be purchased based on the
consumers’ requirement such as smart wearables for head, ear, eyes, body, arms, wrist, legs,
feet, and others that can be worn on body or as parts of clothing or other accessories. The
growing popularity of smart phones, mobile networks, mobile applications, computing, and
broadband connectivity are the major contributors in the wearable technology market.